Sprinklr (CXM) CIO Sanjay Macwan Sells $145K of Stock

Sanjay Macwan, the Chief Information Officer of Sprinklr, Inc. (NYSE: CXM), sold 27,277 shares of the company on June 16, 2026. The shares were sold at an average price of $5.30, bringing the total transaction value to approximately $144,568. This sale was not part of a pre-arranged trading plan.

Insider Buying and Selling at Sprinklr, Inc.

Several insiders at Sprinklr, Inc. have recently executed trades. On June 16, 2026, Rory Read, President and CEO, sold 143,654 shares at $5.30 per share. Amitabh Misra, the Chief Technology Officer, also sold 29,180 shares on the same day. Additionally, Jacob Scott, the General Counsel, sold 16,380 shares at $5.30 each.

Other Institutional Activity in Sprinklr, Inc.

Institutional investors have been active in Sprinklr, Inc. BlackRock, Inc. increased its holdings by 1,369,237 shares, ending with 19,114,260 shares valued at approximately $114.7 million. SG Americas Securities, LLC added 3,846,652 shares, bringing its total to 8,377,479 shares worth about $50.3 million. Morgan Stanley also boosted its position by 729,182 shares, now holding 8,297,791 shares valued at $49.8 million.

Sprinklr, Inc. Stock Down 5.5%

Sprinklr, Inc.'s shares recently traded around $5.04. The company has a market capitalization of about $1.2 billion and a P/E ratio of 42.67. Its forward P/E ratio stands at 9.41. Sprinklr's stock has fluctuated between $4.72 and $9.40 over the past year and has a 50-day moving average of $5.30 and a 200-day moving average of $6.60. The company's beta is 0.587, indicating lower volatility compared to the market.

Analysts Set New Price Targets

On June 4, 2026, Citigroup and DA Davidson both maintained their 'hold' ratings for Sprinklr, each with a price target of $6. Rosenblatt maintained a 'buy' rating with a target of $8.50. The consensus among analysts is a 'hold' rating, with a target mean price of $7.88 based on eight analyst opinions.

About Sprinklr, Inc.

Sprinklr, Inc. is a technology company based in New York, NY, specializing in enterprise cloud software for customer experience management. Its platform allows businesses to manage interactions across digital and traditional channels using artificial intelligence. The company offers products like Sprinklr Service, Social, Insights, and Marketing, which integrate AI to improve customer service, social media management, and marketing efforts. Founded in 2009, Sprinklr employs over 3,200 people under the leadership of CEO Rory P. Read.

Bottom Line

Sanjay Macwan's recent share sale is part of ongoing insider activity at Sprinklr, Inc. Investors often watch such transactions to gauge insider sentiment. Sprinklr's stock remains under analyst scrutiny with a 'hold' consensus. The company's enterprise software solutions continue to attract institutional interest, as seen in the recent activity by major funds. Remember that insider transactions and 13F filings reflect past actions and may not indicate current positions or future performance.